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January 14th, 2022 | 13:29 CET

BYD, Yorkton Ventures, BMW - An expensive boom

  • Lithium
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The electric carmakers' annual figures are out, and they show rapid growth for both BYD and BMW. Despite the pandemic and the shortage of semiconductors, the automakers were able to double deliveries in some cases. The industry also expects a continued boom in e-mobility in 2022. The Association of International Motor Vehicle Manufacturers forecasts around 850,000 new registrations for electric vehicles in Germany in 2022. In addition to the sales figures, however, the prices for the raw materials required are also growing. Lithium alone, which is essential for batteries, has more than tripled in price since June of last year and is currently reaching new highs almost daily.

time to read: 3 minutes | Author: Stefan Feulner
ISIN: BYD CO. LTD H YC 1 | CNE100000296 , Yorkton Ventures Inc. | CA9872111096

Table of contents:

    Extremely scarce goods

    Little has happened on the lithium market in recent years. Investments did not flow into the industry, nor did prices rise, even though the age of electromobility has long since begun. Only China has been positioning itself for some time to secure its own supply of battery-grade lithium. The Middle Kingdom is responsible for 80% of global raw material refining, 77% of global cell capacity and 60% of global component production.

    Due to the exploding sales figures of electric car manufacturers, lithium demand will significantly exceed supply by 2022 at the latest. Due to the tight supply, the lithium price has risen to unimagined heights since last summer. On the New York Commodity Exchange Comex, a future contract costs USD 36.75, over 200% more than 9 months ago.

    On two legs

    The largest deposits outside China are located in the so-called "lithium triangle" between Bolivia, Argentina and Chile. In North America, on the other hand, there are few promising projects. The listed Company Yorkton Ventures wants to close this gap. The Company, which has a current market capitalization of EUR 8.28 million and is listed in Toronto and Frankfurt, is focusing on 2 pillars: Gold and Lithium.

    The Company is led by geologist Andrew Lee Smith, who has more than 25 years of experience in the successful exploration, development and operation of gold and lithium deposits. North American and African base and precious metal mining projects. At Thema Gold, the Company is focusing on two prospective assets in Newfoundland and a deposit in Quebec. Yorkton Ventures holds a 100% interest in the Parkview project, which covers 450 hectares and is located on New World Island.

    This project is adjacent to Ethos Gold Corp.'s Fairbanks claims. In addition, Yorkton also holds a 100% interest in the Knights-Melange project, which covers 5,550 hectares near the Queensway discovery by New Found Gold Corp. in Newfoundland. The third project in Quebec, the Bellechasse-Timmins Gold property, contains a historical mineral resource of 171,000 ounces of gold at an average grade of 1.83 g/t gold in the indicated category and an additional 95,000 ounces at an average grade of 1.36 g/t gold in the inferred category, as well as the Champagne VMS deposit and the Beland gold deposit.

    Specific to the Newfoundland projects, GoldSpot Discoveries Corp. has been contracted to use its proprietary artificial intelligence technology to accelerate exploration of the Yorkton projects. GoldSpot is a leading technology services company that uses machine learning to transform the mineral discovery process. GoldSpot is developing artificial intelligence in mineral exploration to reduce capital risk.

    On a shopping spree

    Enormous additions have been made to Yorkton's lithium portfolio in recent weeks. Late last year, a group of three non-contiguous lithium properties, Key Lithium, Amisk West Lithium and Amisk East Lithium, collectively known as the Cyr-Kapiwak Lithium Project, were acquired in the James Bay area of Quebec. The lithium project consists of 42 mineral claims totaling 22.20 sq km. The Key Lithium property is adjacent to Galaxy Lithium Inc.'s James Bay Lithium Mine property and is less than 3 km from the James Bay Lithium Mine project.

    In addition, the acquisition of the Sirmac East project in the James Bay region of Quebec was recently announced. The acquisition target consists of twelve mineral prospecting rights totaling 656 ha. The project is adjacent to Vision Lithium's Sirmac concession, Winsome Resources' Sirmac-Clapier concession and Troilus Gold's Troilus gold project and is considered highly prospective for lithium occurring in spodumene-bearing pegmatites, with at least two historical lithium occurrences mapped with Sirmac Lithium and Clapier Lithium in the western part of the region.

    Sales figures for automakers such as BYD and BMW show strong growth, even defying the semiconductor crisis. The high demand for electric cars is driving the price of lithium. In contrast, supply is tight. Yorkton Ventures has secured promising properties through several acquisitions.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

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    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author

    Related comments:

    Commented by Stefan Feulner on November 30th, 2022 | 12:01 CET

    Profit now from the energy transition - Rock Tech Lithium, Power Nickel, Shell

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    In the past, the internal combustion engine was at the center of the automotive industry, but this is now to change as quickly as possible in order to achieve the specified climate targets. Electrification is the magic word. However, there are high hurdles to overcome in implementing this. For example, it is still not certain whether the battery metals required for this, such as lithium, cobalt, copper and nickel, are available in sufficient quantities. Demand for the critical metals already exceeds supply. The beneficiaries are undoubtedly the producers of the scarce goods.


    Commented by Nico Popp on November 9th, 2022 | 10:07 CET

    The second Rock Tech Lithium? This is how Mercedes-Benz profits! Jack of all trades Infinity Stone Ventures

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    Commented by Stefan Feulner on November 2nd, 2022 | 10:24 CET

    BYD, Infinity Stone Ventures, Rock Tech Lithium - Profiteers of the energy transition

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